WOODCLIFF LAKE, N.J., Feb. 12, 2018 (GLOBE NEWSWIRE) — I.D. Systems, Inc. (NASDAQ:IDSY), a leading provider of enterprise asset management technology, announced today that Avis Budget Group has begun installing its Unified Telematics Platform (UTP) on vehicles in the Avis Car Rental fleet in the United States. Avis Budget Group will install a total of 50,000 UTP units, which effectively convert these vehicles into connected cars.
The UTP device from I.D. Systems can be easily and rapidly installed in the Avis fleet by simply plugging it into the On-Board Diagnostics (OBD) port standard in all modern vehicles. I.D. Systems detects the electronic signature of the vehicle, configures the device to properly monitor and interact with the vehicle, and then provides operational data and pass-through controls back to enable the Avis mobile app.
“The integration of I.D. Systems’ UTP will accelerate our ability to meet our goal of a fully connected fleet by 2020,” said Arthur Orduña, executive vice president and chief innovation officer, Avis Budget Group. “Connected cars offer us unparalleled potential to dramatically improve the customer experience while also streamlining operations and reducing costs, which is why we’re taking aggressive steps to fully connect our fleet as quickly as possible.”
“I.D. Systems has been working with Avis Budget Group to provide new, innovative solutions to meet their needs both today and into the future,” said Chris Wolfe, CEO of I.D. Systems. “We are pleased to deploy all 50,000 UTP devices under this multi-year agreement.”
Avis Budget Group has transformed the car rental experience with the Avis Car Rental mobile app that interacts with connected cars. The app allows renters to manage their entire rental experience from their smartphone. They can choose the exact car they want, change or upgrade their vehicle while at or near the lot with a simple swipe, view their rental agreement, lock and unlock the car and more.
For an overview of the Avis Mobile App click: https://youtu.be/0BsPKTXHQsg.
About I.D. Systems
Headquartered in Woodcliff Lake, New Jersey, with subsidiaries in Texas, Germany, and the United Kingdom, I.D. Systems is a leading global provider of wireless M2M solutions for securing, controlling, tracking, and managing high-value enterprise assets such as industrial vehicles, rental cars, trailers, containers, and cargo. The Company’s patented technologies address the needs of organizations to monitor and analyze their assets to increase efficiency and productivity, reduce costs, and improve profitability. For more information, please visit www.id-systems.com.
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Source: I.D. Systems, Inc.